An insurtech fronted by a former Aviva director is in negotiation with a trio of major insurers about adopting its solution, which co-founder and CEO James Russell describes as “Fit Bit for business”.
Risk management within the insurance industry has drastically changed within the last 10 years and, according to Henry Umney, CEO of Cluster Seven, this is mainly due to regulatory responses to the 2007 financial crisis.
Price comparison website Go Compare has joined fraud-busting body Cifas.
The insurance industry stands on the precipice of profound change – technology-driven disruption, changing customer expectations and the arrival of new competitors are shifting the industry’s challenges according to David Rush, Europe, Middle East and…
If Uber's appeal to keep its private hire operator’s licence in London fails then this may have an immediate impact on insurtechs such as Zego and Inshur, but experts are divided on whether the longer-term outlook is brighter for them.
Application programming interfaces are now key to unlocking new sources of value for financial institutions. So much so, Cytora CEO Richard Hartley argues even the most traditional firms can digitally transform if they get the right data infrastructure…
Road Safety Week marked the launch of Post’s Driving out Distraction campaign, in which we are urging the industry to pay attention and pull over rather than using hands-free devices while driving.
At a time when managing general agents are performing strongly, working hard to stay profitable and maintain growth, the question of how to make best use of the latest tools is more important than ever
Direct Line Group will look to save over £50m in costs before 2022, it said in a trading update.
Unencumbered by legacy technology, managing general agents are well placed to invent a better future for insurance. Cytora CEO Richard Hartley on why the likes of C-Quence and Convex are creating a radically different type of insurance company.
Aon is to buy insurtech Coverwallet, in a deal that is expected to close in the first quarter of 2020.
UK insurance and travel provider Staysure has acquired a controlling stake in Eclipse Financial Holdings, the owners of payingtoomuch.com.
Hiriyti Bairu spoke to Laura Drabik, group vice-president of business innovation, Guidewire about the opportunities and challenges facing insurers and insurtechs.
The owner of Go Compare, Goco, has appointed Seb Chakraborty as group chief technology officer, with immediate effect.
How do brokers know that they’re doing a good job for their client? Mike Bruce, group managing director, Global Risk Partners, explains in the commoditised personal lines market, where products are relatively homogenous, it’s often simply about…
Insurtech Previsico has launched nationwide, aiming to support insurers, brokers and their customers across the whole of the UK with live actionable flood warnings.
A decade into its journey, Trak Global is finally ready to break the US on the back of an acquisition and £40m plus private equity raise. CEO and co-founder Nick Corrie tells Jonathan Swift about why he prefers to get on and do things quietly than spout …
The Association of British Insurers remains “fully supportive” of the Gibraltarian insurance market and “the choice that it gives UK customers,” ABI director general Huw Evans has said.
Insurtech Zego has become a licensed insurance carrier in Gibraltar and is also expected to target a full UK licence.
Guidewire's latest platform, Advanced Product Designer, is expected to design and deliver insurance products faster, a conference heard.
In a week that was dominated by personal injury fracas, the revelation that Thomas Cook self-insured against all but the “very largest” PI claims may well take the cake for biggest botch up.
The insurance industry needs to change “decades-old habits” and use cloud-based systems to effectively manage risk, inform people and make decisions, a conference heard.
Exclusive: Axa has ceased writing its blockchain-enabled automatic flight delay product Fizzy, citing low market appetite and inadequate distribution channels.
Lloyd’s has published Blueprint One: the first of a number of ‘blueprints’ it intends to produce over the coming years as it overhauls the market for the 21st century